According to Zacks, “China Life Insurance Company Limited is the leading life insurance company in China’s life insurance market. The Company provides products and services including individual life insurance, group life insurance, accident and health insurance. The Company is China’s largest life insurance company, a leading provider of annuity products and life insurance for both individuals and groups, and a leading provider of accident and health insurance. Through its controlling shareholding in the China Life Insurance Assets Management Co., Ltd., the Company became China’s largest insurance asset management company and one of the largest institutional investors in China. “
NYSE LFC traded up $0.20 on Friday, hitting $10.24. The stock had a trading volume of 688,887 shares, compared to its average volume of 524,953. The stock has a market cap of $57.89 billion, a price-to-earnings ratio of 8.53 and a beta of 1.25. The company has a debt-to-equity ratio of 0.13, a current ratio of 8.79 and a quick ratio of 8.79. China Life Insurance has a 52-week low of $9.05 and a 52-week high of $13.63. The business’s fifty day moving average price is $10.50 and its 200 day moving average price is $11.07.
About China Life Insurance
China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. It operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. The company offers individual and group life, annuity contracts, accident, and health insurance products.
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